Weve broken out of the triangle into a throwover type structure and we are on our way to completing wave C. Ive tried multiple times to count as bull but there arent enough structures that follow Elliot Wave guidelines to make a proper count. I will try again tomorrow and the next day if this trend continues which is unlikely as this is very similar to structures...
We saw a huge green candle recently and we may possibly have a bull run. Currently I cant count out a bull run for this as everything points to bear. I will be quite surprised if we have a bull run from this point. Looking for a break on that green line to switch to a bull run. My count becomes invalid past that point and I will be going long. :)
As we start to complete this five wave structure known as wave C it is tough to find the bottom for many. In my analysis I have found that we are on the 5th wave and have an extension on the fifth wave of the fifth wave. This wave should end around the 2.62 extension. It can go past this but this is the general area im looking for a pullback. Psychologically...
We just finished a double zigzag looking at it from the 15 min perspective and we are curling up to wave C now. Resistance around 9.9k and next 10.1k.
Eth X: 0x96E75f724E482b74819b12f9d2F1F83E41792bb6
Btc X: 1Cb4moYSarujEUPjf7Zth5gTkvRXq1YjWp
After the correction down to 6k we began this sideways up trend forming a symmetrical triangle. So now that we have been doing that for a while ive deduced that we should have another wave D and then E before taking off to new highs,